Trends - Malaysia - Business Recorder

Malaysia

Palm oil hits near 2-week high on signs of higher exports, lower output

Palm extended gains for a third straight day to its highest since March 25.

Published 07 Apr, 2021 11:17am

World

Malaysia pays Singapore $76mn over rail cancellation

Malaysia paid Sg$102.8 million (US$76.3 million) to Singapore to reimburse costs incurred for the project, both governments said in a joint statement.

Published 29 Mar, 2021 04:53pm

Business & Finance

Malaysia's Feb exports jump 17.6% y/y, beat forecast

The median forecast among nine economists surveyed by Reuters was for an 8.8% growth in February. In January, exports had risen 6.6%.

Published 29 Mar, 2021 11:55am

Business & Finance

Remittance service: Bank Alfalah partners with NS Cashpoint

KARACHI: Bank Alfalah has entered into a partnership with NS Cashpoint to better serve the Pakistan remittance...

Published 18 Mar, 2021 03:56am

Markets

Better exports outlook keeps palm steady amid higher output forecasts

Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.

Published 17 Mar, 2021 12:36pm

Markets

Malaysia investment slump shows need for structural reforms: World Bank

Firas Raad, World Bank country manager for Malaysia, said reforms would revitalise Malaysia's investment credentials and boost growth.

Published 16 Mar, 2021 12:40pm

Markets

Malaysian palm oil producer FGV jumps near 25% after surviving Felda's bid

The plantation giant listed on the Kuala Lumpur Stock Exchange in 2012, as an investor favourite at an offer price of 4.55 ringgit ($1.13) per share in what was hailed as the world's second largest IPO after Facebook.

Published 16 Mar, 2021 11:50am

Markets

Malaysia in talks with Saudi Arabia to raise palm oil trade to 500,000 tonnes

Malaysia is the world's second-largest palm producer and exporter after Indonesia.

Published 10 Mar, 2021 11:44am

Markets

Malaysia targets to increase 2021 palm oil exports to $18.2bn

Malaysia is the world's No.2 palm producer and exporter.

Published 09 Mar, 2021 12:13pm

Markets

Malaysia says FDI inflows dropped 56% in 2020 to $3.4bn

Malaysia, however, saw gross foreign investment inflows rise 0.8% last year, MIDA said.

Updated 02 Mar, 2021 01:23pm

Pakistan

Malaysia wants to further increase trade ties with Pakistan: High Commissioner

Chairman Founder Group, Mian Akram Farid said that the government was keen to promote industrialization for economic stability.

Published 24 Feb, 2021 07:11pm

World

Malaysia under fire after controversial Myanmar deportation

The migrants departed Tuesday on Myanmar navy ships from a Malaysian military base back to their homeland, just weeks after a coup.

Published 24 Feb, 2021 05:49pm

World

Malaysia deports over 1,000 Myanmar nationals, defying court order

LUMUT, (Malaysia): Malaysia on Tuesday deported more than 1,000 Myanmar detainees back to their strife-torn homeland...

Published 24 Feb, 2021 05:24am

World

Malaysian deports over 1,000 Myanmar nationals despite court order

Hours before the deportation, a Kuala Lumpur court ordered it should be temporarily halted to allow activists to present a legal challenge.

Published 23 Feb, 2021 04:45pm

Markets

Palm oil gains 2% as crude, soyoil rise

The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange rose 74 ringgit, or 2.1%, to 3,618 ringgit ($895.32) a tonne during early trade.

Published 23 Feb, 2021 12:09pm

World

Malaysia faces calls to halt Myanmar deportations

The ships arrived at the weekend and docked at a naval base at Lumut, on Malaysia's west coast.

Published 22 Feb, 2021 05:47pm

Markets

Malaysia keeps March crude palm oil export tax at 8%

The world's second-largest palm exporter calculated a reference price of 3,977.36 ringgit per tonne for March.

Published 18 Feb, 2021 12:55pm

World

Former Malaysia first lady's graft trial to proceed

Najib, who is free on bail as he appeals his conviction, turned up at court to show support for his wife.

Published 18 Feb, 2021 09:56am

Business & Finance

Malaysian durian trade battered as lockdown bites

The trade in durians has exploded over the past decade, largely driven by China's growing appetite, with prices of the once cheap fruit selling for 60 ringgit ($14) or more a kilo.

Published 17 Feb, 2021 11:37am

World

Malaysia to get first batch of Pfizer-BioNTech COVID-19 vaccines on Feb. 21

A third and final phase will involve more than 16 million adults aged 18 and older, and will run from May to February next year.

Published 16 Feb, 2021 12:47pm

World

Malaysia to kick off COVID-19 vaccination drive next week

Malaysia's cabinet has also agreed to prepare a special injury scheme to compensate people who experience serious side-effects after receiving the vaccine, Khairy added.

Published 16 Feb, 2021 12:34pm

World

Malaysia's opposition leader challenges PM over parliament suspension

Anwar is seeking a judicial review of this advice and urging the court to rule it "unlawful and unconstitutional," said Ramkarpal.

Published 26 Jan, 2021 05:03pm

World

Indonesia, Malaysia eye joint campaign in Europe to counter palm oil critics

KUALA LUMPUR: The world’s top producers of palm oil, Indonesia and Malaysia, are looking to join forces for the...

Published 25 Jan, 2021 04:23am

PIA's legal team to appear before UK court today

Federal Minister for Aviation Ghulam Sarwar Khan said PIA had failed to pay the lease of the aircraft that was held in Kuala Lumpur on time due to the coronavirus pandemic.

Updated 22 Jan, 2021 01:00pm

World

Malaysia expands lockdown measures to most states as virus spreads

Last week, capital Kuala Lumpur and six states went into a two-week lockdown.
Prime Minister Muhyiddin Yassin has said the lockdown measures were necessary as the healthcare system was at a breaking point.

Published 19 Jan, 2021 05:49pm

Stranded passengers return from Malaysia

ISLAMABAD: The Pakistan International Airline (PIA) managed to bring back Pakistani passengers from Malaysia after...

Published 18 Jan, 2021 04:10am

Pakistan

Stranded PIA passengers of seized plane to reach Pakistan tonight

Out of 172 passengers, 118 will reach Islamabad airport today at 11 pm via flight no EA-614. Meanwhile, 54 more passengers will be brought back via flight no QR-632 at 1:40 am.
The staff of the PIA is taking care of the stranded passengers in Dubai and Doha, said the spokespersons.

Updated 16 Jan, 2021 05:51pm

Pakistan

FO says passengers of PIA’s seized aircraft will be departing Kuala Lumpur tonight

"Our High Commission in Malaysia is in close contact with the relevant Malaysian authorities and Pakistan International Airlines to address the issue at the earliest," FO said.
The plane was held back by a local court in Malaysia as part of a legal dispute between the airline and another party.

Published 15 Jan, 2021 04:40pm

Pakistan

Malaysian authorities seize PIA's aircraft at Kuala Lumpur Airport as part of legal dispute

The national carrier said, “It is an unacceptable situation and PIA has engaged the support from Government of Pakistan to take up this matter using diplomatic channels.”
The PIA plane was seized on the orders of a local Malaysian court over the non-payment of aircraft lease dues.

Updated 15 Jan, 2021 04:24pm

Markets

Palm oil at two-week low as Malaysia maintains high export duty

Dalian's most-active soyoil contract and its palm oil contract fell 2.4%. Soyoil prices on the Chicago Board of Trade were down 0.3%.

Published 14 Jan, 2021 11:25am

Gainers
Losers
Leaders

Stock	Price
786 Investments / Apr 10 786 Investments Limited(786)	9.18 ▼ 0.00 (0.00%)
AL- Abbas / Apr 10 Al-Abbas Sugar Mills Limited(AABS)	370.00 ▼ 0.00 (0.00%)
Agro Allianz / Apr 10 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 10 Allied Bank Limited(ABL)	69.98 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 10 Abbott Laboratories (Pakistan) Limited(ABOT)	717.19 ▼ 0.00 (0.00%)
Abson Ind. / Apr 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Apr 10 Attock Cement Pakistan Limited(ACPL)	169.87 ▼ 0.00 (0.00%)
Adam Sugar / Apr 10 Adam Sugar Mills Limited(ADAMS)	23.50 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Apr 10 786 Investments Limited(786)	9.18 ▼ 0.00 (0.00%)
AL- Abbas / Apr 10 Al-Abbas Sugar Mills Limited(AABS)	370.00 ▼ 0.00 (0.00%)
Agro Allianz / Apr 10 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 10 Allied Bank Limited(ABL)	69.98 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 10 Abbott Laboratories (Pakistan) Limited(ABOT)	717.19 ▼ 0.00 (0.00%)
Abson Ind. / Apr 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Apr 10 Attock Cement Pakistan Limited(ACPL)	169.87 ▼ 0.00 (0.00%)
Adam Sugar / Apr 10 Adam Sugar Mills Limited(ADAMS)	23.50 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 10	152.80
USD PKR Interbank Buying / Apr 10	152.70
USD to Japanese Yen / Apr 10	109.67
USD to Swiss Franc / Apr 10	0.92
Pound Sterling to USD / Apr 10	1.37
Euro to USD / Apr 10	1.19
UK LIBOR % / Apr 10	0.07

Stock	Volume
S&P 500 / Apr 10	4128.80
India Sensex / Apr 10	49591.32
Tokyo Nikkei / Apr 10	29768.06
Nasdaq / Apr 10	13900.19
Hang Seng / Apr 10	28698.80
FTSE 100 / Apr 10	6915.75
Dow Jones / Apr 10	33800.60
Germany DAX 30 / Apr 10	15234.16
France CAC40 / Apr 10	6169.41

Item	Value
Crude Oil / Apr 10	59.32
Karachi Cotton Assoc. / Apr 10	10800.00
Gold 10 Grams / Apr 10	94564.00
Gold Spot / Apr 10	1744.80
Cotton / Apr 10	81.78

Malaysia

Palm oil hits near 2-week high on signs of higher exports, lower output

Malaysia pays Singapore $76mn over rail cancellation

Malaysia's Feb exports jump 17.6% y/y, beat forecast

Remittance service: Bank Alfalah partners with NS Cashpoint

Better exports outlook keeps palm steady amid higher output forecasts

Malaysia investment slump shows need for structural reforms: World Bank

Malaysian palm oil producer FGV jumps near 25% after surviving Felda's bid

Malaysia in talks with Saudi Arabia to raise palm oil trade to 500,000 tonnes

Malaysia targets to increase 2021 palm oil exports to $18.2bn

Malaysia says FDI inflows dropped 56% in 2020 to $3.4bn

Malaysia wants to further increase trade ties with Pakistan: High Commissioner

Malaysia under fire after controversial Myanmar deportation

Malaysia deports over 1,000 Myanmar nationals, defying court order

Malaysian deports over 1,000 Myanmar nationals despite court order

Palm oil gains 2% as crude, soyoil rise

Malaysia faces calls to halt Myanmar deportations

Malaysia keeps March crude palm oil export tax at 8%

Former Malaysia first lady's graft trial to proceed

Malaysian durian trade battered as lockdown bites

Malaysia to get first batch of Pfizer-BioNTech COVID-19 vaccines on Feb. 21

Malaysia to kick off COVID-19 vaccination drive next week

Malaysia's opposition leader challenges PM over parliament suspension

Indonesia, Malaysia eye joint campaign in Europe to counter palm oil critics

PIA's legal team to appear before UK court today

Malaysia expands lockdown measures to most states as virus spreads

Stranded passengers return from Malaysia

Stranded PIA passengers of seized plane to reach Pakistan tonight

FO says passengers of PIA’s seized aircraft will be departing Kuala Lumpur tonight

Malaysian authorities seize PIA's aircraft at Kuala Lumpur Airport as part of legal dispute

Palm oil at two-week low as Malaysia maintains high export duty

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